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  • AOL to lay off nearly 150, mostly in sales Friday, 30 Jan 2015 | 11:43 AM ET
    Tim Armstrong

    In an attempt to reorganize, AOL is expected to announce about 150 layoffs and website consolidation.

  • Jan 26- Mattel Inc removed Chief Executive Bryan Stockton after another disappointing holiday shopping season for the maker of the aging Barbie doll. On Monday, Mattel cited a strong dollar as a major factor behind a decline in revenue in the fourth quarter. Mattel's shares fell as much as 11 percent to a three-year low before recovering to trade down about 4...

  • Jan 30- Shares of trendy hamburger chain Shake Shack Inc soared 150 percent in their first few minutes of trading on Friday, valuing the company that grew out of a hotdog cart in New York's Madison Square Park at nearly $2 billion. Shake Shack shares hit $52.49 in early trading on the New York Stock Exchange, way above their offer price of $21, before easing back to $48.

  • Shake Shack sizzles in market debut Friday, 30 Jan 2015 | 10:18 AM ET

    Jan 30- Shares of gourmet hamburger chain Shake Shack Inc soared 150 percent in their first few minutes of trading on Friday, valuing the company that grew out of a hotdog cart in New York's Madison Square Park at nearly $2 billion. Meyer, who also owns popular New York restaurants Blue Smoke, Gramercy Tavern and Union Square Cafe, opened the first Shake Shack in...

  • NEW YORK, Jan 30- U.S. stock index futures fell on Friday ahead of data on economic growth, consumer inflation and confidence, with major indexes poised for a second month of declines. *Google Inc shares rose 1.2 percent in premarket trading after revenue grew 15 percent in the fourth quarter but fell short of Wall Street's target on declining online ad prices and...

  • Jan 30- Mattel Inc, the maker of Barbie dolls and Fisher-Price preschool toys, reported its fifth straight fall in quarterly sales in North America, a nagging decline that likely cost Brian Stockton his job as chief executive this week. Shares of Mattel, which also makes Hot Wheels cars and Monster High and American Girl dolls, fell about 5 percent in light...

  • Why energy M&A hasn't hit critical mass Friday, 30 Jan 2015 | 7:51 AM ET
    Blair Effron, Centerview Partners, Partner and Co-Founder.

    Valuations for energy companies may not have fallen far enough to spark dealmaking, two analysts tell CNBC.

  • Crane maker Manitowoc to spin off foodservice business Thursday, 29 Jan 2015 | 5:52 PM ET

    Jan 29- Crane maker Manitowoc Co Inc said it would spinoff its high-margin foodservice business into a publicly traded company, sending the company's shares up 8 percent in extended trading. Activist investors Carl Icahn and Ralph Whitworth's Relational Investors had been pushing the company over the past few months to split its cranes and foodservice...

  • *Wall St rallies as Apple, Boeing lead in late-day surge. Major Wall Street indexes surged almost 1 percent or more as Apple Inc and Boeing Co extended gains following their strong earnings reports earlier this week. Amazon.com and Google Inc reported earnings after the bell, with Amazon shares gaining as much as 8.5 percent, but Google fell almost 5 percent.

  • SAN FRANCISCO, Jan 29- Amazon.com Inc reported earnings of 45 cents per share for the crucial holiday quarter, trouncing analysts' expectations and sending its shares up 9 percent. Wall Street expected Amazon to report earnings per share of 17 cents, according to Thomson Reuters I/B/E/S. In 2014, Amazon paid billions for Prime shipping and put $1.3 billion into...

  • SAN FRANCISCO, Jan 29- Google Inc's revenue grew 15 percent in the fourth quarter, falling short of Wall Street's target on declining online ad prices and unfavorable foreign exchange rates. Shares of Google fell 3.5 percent to $493 in after-hours trading on Thursday. Google said on Thursday the average price of its online ads, or "cost per click," decreased 3...

  • Amazon sales climb in holiday quarter, shares rise Thursday, 29 Jan 2015 | 4:11 PM ET

    SAN FRANCISCO, Jan 29- Amazon.com Inc reported earnings of 45 cents per share as sales climbed 15 percent during the crucial holiday quarter, sending its shares up 5 percent. Revenue rose 15 percent to $29.3 billion in the quarter, slightly short of the average analyst estimate of nearly $30 billion, according to Thomson Reuters I/B/E/S. About a third of Amazon's...

  • Live near Starbucks? What it does to home values Thursday, 29 Jan 2015 | 2:28 PM ET
    A woman walks past a Starbucks cafe in New York.

    When a Starbucks location hits a neighborhood, home values rise, according to recent Zillow data.

  • US STOCKS-Wall St gains in choppy trading Thursday, 29 Jan 2015 | 2:18 PM ET

    *Alibaba shares tumble after results, Yahoo follows. NEW YORK, Jan 29- U.S. stocks were up in a volatile session on Thursday as oil futures pared their losses and strong job market data helped offset weak earnings reports from companies such as Alibaba and Qualcomm. Shares in Chinese internet giant Alibaba Group dropped 9 percent to $89.46 after revenue missed...

  • Jan 29- Colgate-Palmolive Co on Thursday reported a rise in an important sales metric, sending its shares up 6 percent as investors shrugged off a lowered earnings forecast. Net sales suffered because of the strong dollar and weak demand in markets such as Brazil and Europe. Sales were down 7.5 percent in Europe and 10 percent in Africa but rose 4.5 percent in Asia.

  • Jan 29- U.S. weapons maker Raytheon Co on Thursday forecast 2015 revenue largely below average analyst expectations as orders fell, and said profit margins would drop further to just over 12 percent, sending its shares down 5 percent. Raytheon Chief Financial Officer Dave Wajsgras told Reuters he expected low single-digit revenue growth in 2016, with...

  • Potash Corp's shares rose more than 3 percent Thursday in Toronto and New York, touching their highest level since May 2012 in Toronto. Potash Corp sold 2.5 million tonnes of potash, the most ever in a fourth quarter and up 42 percent year over year. Potash Corp, the second-biggest potash producer by output after Russia's Uralkali OAO, reported fourth-quarter...

  • Harley-Davidson earnings fall but edge forecasts Thursday, 29 Jan 2015 | 10:35 AM ET
    Harley-Davidson riders reveal Project LiveWire, the first electric Harley-Davidson motorcycle, last June in New York.

    Harley-Davidson's earnings slipped as a stronger U.S. dollar hurt the motorcycle maker's bottom line, which still topped analyst expectations.

  • PARIS/ MUNICH, Jan 29- Airbus Group shook up the management and the organisation of the A400M military transport programme on Thursday after the latest in a long series of delays and technical problems to beset Europe's largest defence project. Shares in Airbus Group fell 2.3 percent. The new man in charge of Military Aircraft, Alonso, 58, has been running Airbus...

  • *Alibaba shares fall after results, Yahoo follows. Alibaba Group shares fell 8.3 percent in premarket trading after it posted revenue that missed Wall Street expectations. The decline took shares of Yahoo, which announced the spinoff of its Alibaba stake Wednesday, down 7.3 percent.